Tax Credits 2024 Heat Pump Rebate. For the inflation reduction act, specifically 25c, a buyer could get up to $2,000 (30% of the total cost, up to $2,000, to be exact), but that’s dependent on the. Rebates and tax credits for eligible equipment purchases are both great ways to reduce the overall expense of installing an hvac system in your home.
You can receive up to $3,200 in federal tax credits for installing qualifying hvac equipment into an existing home, split between acs, furnaces, or boilers ($1,200) and air source heat pumps and. An additional $8,000 rebate is also available for households that are below a certain income level.